Duluth vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Duluth is 20% cheaper for renters. A 2-bedroom rents for $849/mo vs $1,021/mo in Richmond — saving $2,064/year.
Rent by Unit Size
| Unit Size | Duluth | Richmond | Difference |
|---|---|---|---|
| Studio | $550 | $669 | $119 |
| 1 Bedroom | $693 | $842 | $149 |
| 2 Bedrooms | $849 | $1,021 | $172 |
| 3 Bedrooms | $1,028 | $1,317 | $289 |
| 4 Bedrooms | $1,190 | $1,453 | $263 |
| Median Income | $47,330 | $69,914 | $22,584 |
Duluth
- Studio
- $550/mo
- 1 BR
- $693/mo
- 2 BR
- $849/mo
- 3 BR
- $1,028/mo
- 4 BR
- $1,190/mo
- Median Income
- $47,330/yr
Richmond
- Studio
- $669/mo
- 1 BR
- $842/mo
- 2 BR
- $1,021/mo
- 3 BR
- $1,317/mo
- 4 BR
- $1,453/mo
- Median Income
- $69,914/yr
Frequently Asked Questions
Is Duluth or Richmond cheaper to rent in?
Duluth is cheaper — a 2-bedroom Fair Market Rent is $849/mo vs $1,021/mo in Richmond. That's $172/mo or $2,064/year more expensive in Richmond (20% higher).
What is the 2-bedroom rent in Duluth vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Duluth is $849/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Duluth and Richmond?
The median household income in Duluth is $47,330/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Duluth vs Richmond?
A studio apartment Fair Market Rent in Duluth is $550/mo. In Richmond it is $669/mo.